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Smart Domestic Appliances Market, Global Outlook and Forecast 2024-2030

Smart Domestic Appliances Market, Global Outlook and Forecast 2024-2030

  • Published on : 21 November 2024
  • Pages :134
  • Report Code:SMR-8019471

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Report overview

The global Smart Domestic Appliances market size was valued at US$ 34.56 billion in 2024 and is projected to reach US$ 67.89 billion by 2030, at a CAGR of 11.9% during the forecast period 2024-2030.
The United States Smart Domestic Appliances market size was valued at US$ 9.87 billion in 2024 and is projected to reach US$ 18.45 billion by 2030, at a CAGR of 11.0% during the forecast period 2024-2030.
Smart Domestic Appliances are household devices featuring connectivity, automation, and intelligent control capabilities.
The global market is growing rapidly, driven by smart home adoption and energy efficiency demands. In 2023, unit sales reached 85 million globally, with smart refrigerators accounting for 30% of revenue. The market saw a 45% increase in Matter-compatible device adoption in 2023. Smart large appliances dominate with a 65% market share, while smart small appliances are growing at 18% annually. North America leads with a 35% market share, while Asia Pacific is the fastest-growing region at 13.5% CAGR. The industry is focusing on developing AI-powered features, with a 50% growth in R&D investments for autonomous operation capabilities.
Report Overview Smart home appliances are devices or machines which can be controlled by tablets or smartphones remotely. Statistics covered in this report includes Smart Air-Con and Heater, Smart Washing and Drying, Smart Fridges, Smart Large Cookers, Smart Dishwashers and others. This report provides a deep insight into the global Smart Domestic Appliances market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Domestic Appliances Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Domestic Appliances market in any manner. Global Smart Domestic Appliances Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Samsung BSH GE Whirlpool LG Electrolux Panasonic Miele & Cie Philips IRobot Ecovacs Neato Haier Midea Hisense Market Segmentation (by Type) Smart Air-con and Heater Smart Washing and Drying Smart Fridges Smart Large Cookers Smart Dishwashers Market Segmentation (by Application) Cooking Food Storage Cleaning House Maintenance Geographic Segmentation